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Common use of Source of Shares Clause in Contracts

Source of Shares. Upon the exercise of an Option, the Company shall deliver to the Participant authorized but previously unissued Stock.

Appears in 4 contracts

Sources: Incentive Stock Plan (Nova Corp \Ga\), 1994 Non Employee Director Stock Option Plan (Nova Corp \Ga\), 1994 Incentive Stock Plan (PMT Services Inc /Tn/)

Related Clauses

  • Purchase of Shares
  • Issuance of Shares of Common Stock
  • Sale of Shares
  • Purchase of Shares of Common Stock
  • Issuance of Shares of Stock

Parent Clauses

  • Miscellaneous
  • Common Stock Subject to the Plan
  • Stock Subject to Plan
  • Grant of Awards Shares Subject to the Plan Limitations
  • Grants

Sub-Clauses

  • SOURCE OF SHARES
  • Term
  • Ten Percent Stockholders
  • Eligibility for Specific Stock Awards
  • Beneficiary Designation
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